/biz/ - Business & Finance

>>2202188

cue it ain't over til it's over

>>2202188
U fucking pussy hands

If it drops down to 100$ im going to empty my bank account and scoop up all that basically free ether

bitcoin will reach 1 million in 5 years

ethereum will reach 80-100k in 5 years

It's only beginning anon. This is where you really buy in

>>2202226
>$100 ether
>basically free

Ether has been pumped to high heavens when you stop and take a moment to think about what piece of shit it truly is.

I sold for 2x profit, but just so I can watch it crash and buy back in low.

>>2202226
Same here. Nothing beats the feeling of buying low and selling at the ATH!

>>2202247
so is bitcoin

>>2202247
that can be said about any crypto, but i could care less

i just want my retirement already

>>2202255
This but with 3x profit. Only problem is coinbase takes forever to deliver profits so hopefully my bank account has enough funds in it to buy back at a low. Do other exchanges have faster transactions or is it just the speed that ACH payments usually take to process?

>>2202188

Buy back at 110 when

You weak handed faggots are all part of the problem

Selling at the first sign of trouble

No confidence in ETH or BTC yet you are willing to invest in it

>>2202247
Why is it shit? Can you even explain that?

>>2202275
depends on if its sepa, wire or swift

sepa is pretty quick, you can often have within days

i think kraken's sepa transfers are fastest because they use some kind of "transfer to friends instant transaction" kind of thing, so you can actually have your cash within a day

wire takes a week or something

dont know about swift tho, i guess its the same

>>2202314
this just means cheaper btc / eth for you, anon

you do truly believe in it, right?

SELL SELL SELL
E
L
L

S
E
L
L

S
E
L
L

It will drop to 100 no doubt

>Bought @170

Debating whether I should cash out then buy back after the 3 day weekend is over.

>>2202359
Same anon. Don't want to be a bitch with weak hands but it could prove to be a smart move

>>2202226

where do people come up with insane speculations like this...

>>2202359

I'd do that myself, but I can't touch my ETH until Tuesday. Oh well, don't put in what you aren't ready to lose

>>2202369
>>2202381
It just feels like the smarter strategy. Right now people are panic selling and at this rate it's gonna be at $120 by Monday

>>2202369
>>2202359
Just do it. That's what I did. Come on anons, don't be bag holding pussies. Worst that can happen is you'll have to buy back at 180 but it's better than selling at 120. No way it's going back to 200 in the next 5 days since the dip was a big price correction.

>>2202393
Eh, it's not so much the bagholding I'm worried about, but the gains taxes I might actually have to file if I do cash out just to buy back in.

t. murrican

Who are the cucks that are dumping all this?

>>2202453

Can't be the normalfags, since they all probably have to wait another few days to get their BTC and ETH accessible from the sites

>>2202453
Stop getting emotional about it. Investing is not for you.

I bought $400 for $189 eth on coinbase two days ago, how fucked am I and can i cancel the bank transfer or ether transaction?

If the current value of the dip is still higher than the value you originally bought at DON'T SELL

If the current value of the dip is approaching or less than the value you originally bought at SELL NOW and buy back when it bottoms

>tl;dr the only people who should consider selling are latecomers who already missed the moon mission

>>2202501
you'll be okay if you hold it for a month

>>2202315
When Ether was around $10 and after DAO got emptied it was widely regarded as a shitcoin, even a scamcoin by some. A ton of empty promises and an architecture that is designed to corrode and collapse under its own weight.

If someone had told me 3 months ago $150 Ether is cheap I would have laughed my ass off. Anyway, my opinion is based on the (shitty) technical aspects, but the market clearly works on emotion.

>>2202501
>"Hello, coinbase? It seems I've made a terrible mistake...You see I purchased some coins from you that I should have paid much less for...Would you mind refunding the transaction so I can lose you money? Also, I would like to continue using your site so I can buy coins at a price I think will increase while I wait for them, losing you money yet again! Oh, the fee for processing the transaction? Yeah...you'll just have to eat that, toodles~"

>>2202438
> Eh, it's not so much the bagholding I'm worried about, but the gains taxes I might actually have to file if I do cash out just to buy back in.

Then trade for USDT instead.

And lastly, a fucking 2000% increase over 3 months without anything real to back it up was never going to be sustainable. Early adopters and smart money are simply dumping on the greedy idiots and average joes.

>>2202537
What do you do with USDT then?

>>2202537
Thought about that, but I'm already assuming the fed will think a BTC/alt pairing is like-kind (which is probably true depending how much I drop on a CPA....), banking on USDT not being treated as fiat is risky imo.

>>2202501
No you can't cancel. Either man up and hold till you break even or get better or take that $50 loss like a man.

>>2202524
>A ton of empty promises and an architecture that is designed to corrode and collapse under its own weight.

That's an exceedingly vague justification man

Nocoiner here. Got a question, is buying instant on an exchange like kraken or do you have to wait a few days till it get's approved?

I REALYYY want to buy the dip...and day trade on this crash. How much lower should i wait for it to drop

>>2202518
Thanks i think ill do that. I wanted in two weeks ago at $80 but coinbase and all the other exchanges i fucked with wasted my time. Really wish they had crypto currency exchanges for cash irl at mini banks or atms. I would have glady driven an bought on that day.

>>2202570

Using Coinbase as an example, you can attach your credit card/debit card to an account for instant buying, but there's high fees associated with that and a lower limit on how much you can spend weekly. Using a bank account takes about a week to go through, but much lower fees. Also you need to have your identity validated on all of the exchanges before you do anything so the sooner you do that the better

>>2202569
The community broke its immutability to rollback a contract during the DAO fiasco.
Essentially the foundation of Eth is garbage.

>>2202599
Thanks brother! Guess I better get started then.

Hope you get some moon sightings.

>>2202269
this thread is shit. But please do empty the folder full of pepe spanking cuties. It amuses me.

>>2202604
This. Might as well rename it to SocJusCoin cuz that's where it's headed.

>>2202359
>cash out
you mean cash out now and lose money because you are a faggot and then coming in again late like this time?
Grow a fucking spine and leve those ETH where they are. You'll look into the sky and thank that some random internet post told you to man the fuck up.

>>2202604
>dao gets hacked
>gets millions of dollars of ETH
>programmers say it was technically legal and don't do anything about it

This is why I'm actually looking forward to centralized cryptoplatforms smdh libertarians are fucking nuts.

>>2202660
You're right

>>2202453
Probably all of the normies who jumped on the bandwagon about a week ago finally getting their BTC/ETH in their Coinbase accounts selling it as soon as it lands in their account.

Probably other reasons too, but I'd like to think it's the normies fault

>>2202688
>hacked
>did exactly what it was programmed to do
pick one
It had teething problems but 51% attacking your own fucking coin is not the solution.

>>2202660
>He sold his ETH

>>2202713
>can't violate the NAP if you attack yourself

Even worse.I swear, the more I learn about ETH the less I like seeing it increase in price, feels like a timebomb.

>>2202690
I know this is by no means a rule of thumb but the only money I lost since I started with the exchanges was because I didn't hold when shit turned red. Every single coin I made a loss took a dive to the earth's very core, I sold to cut my loses and not a week later it recovered some times even twice the price I actually sold it.
Buy low, sell high. Keep it steady when the storm hits and do not put all your eggs in one basket. You'll be mostly fine.
Also never ever drink the lambo koolaid, you will get your ass torn apart by a thousand niggers if you go chasing that pipe dream.
Good luck friend

>>2202724
Remember... the only good weakhand is a fucking dead weakhand

>>2202188
It was over at 90 too, the sky is falling once again

I'm staying in crypto full stop, but consolidating into a few core positions instead of maintaining a thinly spread portfolio. I expect some alts to not weather the storm.

>>2202585
Personally I don't think it's going any lower. Wish it would.

>>2202226
>100$
>basically free
This shit was $10 in January summerfag.

>>2202501
Lol your $400 are gone forever, save what you can and sell right away!

>>2202314
I have no allegiance to ETH only BTC. Trading my 7x profit into sleeper alts now.

>>2202688
Etherium IS centralized boot licker. This shit would never happen with bitcoin.

Ethereum's hard fork was a network upgrade